Ummm Logic Incorrect..
[I work for a small software publisher (Flight Simulation add-ons which is a very small market)]
Do you really think that the people who downloaded it would have purchased it anyway ?? I think not... Only a tiny % of illegal downloads result in loss of revenue since most downloaders would NEVER have purchased the product anyway.
Most software is rubbish or over priced. Adobe Photoshop for example, is very expensive but an excellent product. Its price out of reach for most though. If the price was drastically reduced to say £30 for Home Users, I'd buy a copy tomorrow !